Page 88 - Southlake FY24 Budget
P. 88

Taxable Property Values

                   $12,000


                                                                                                    $10,565
                   $10,000

                                                                                        $9,065
                                                                             $8,221
                    $8,000               $7,287      $7,770      $7,769
                  BILLIONS OF DOLLARS  $6,000  $6,662
   City Profile







                    $4,000




                    $2,000





                       $0
                              2018        2019        2020       2021        2022        2023        2024
                                                                  YEAR

          Total Taxable Valuation
          Warning Trend:  Declining growth or drop in the value of property


          The property value comparison for several fiscal years indicates continued growth in property values.
          Over time, the certified tax roll values have increased steadily; however, 2021 values were relatively flat
          over 2020.  The reflected values include new property added to the roll as of January 1 of each year.










                  Fiscal Year          Total Taxable Valuation         Fiscal Year         Total Taxable Valuation

                     2011                  $5,232,316,346                2018                  $6,662,494,784
                     2012                  $5,290,518,261                2019                  $7,286,898,962
                     2013                   $5,331,182,997               2020                   $7,769,729,082
                     2014                   $5,494,514,119               2021                  $7,768,644,007
                     2015                   $5,680,109,441               2022                   $8,220,731,143
                     2016                   $5,785,322,918               2023                  $9,064,721,083
                     2017                  $6,368,901,046                2024                 $10,564,623,953






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